A slew of well-funded new entrants backed by massive amounts of capital are chasing Tesla’s lead in an effort to power the next generation of the electric vehicle industry. Electric vehicle startups have raised more than $2 billion in the U.S. over the first months of 2018 alone, a huge increase over the $650 million… Continue reading Upstarts emerge to chase Tesla’s lead in electric vehicles
Category: News Type
Uber covers illness and parental leave for European drivers
Ginnette Riquelme / Reuters Uber and its drivers have been embroiled in a tug-of-war for years over stronger rights for the people ferrying passengers and food around for the company. Drivers want more protections and rights, while Uber has been reluctant to offer benefits. But Uber and Uber Eats contractors in Europe now have a… Continue reading Uber covers illness and parental leave for European drivers
Seat boss Luca de Meo in the interview: “Seat is the gateway to new customers of the VW Group”
Seat boss Luca de Meo The Spanish carmaker is on an expansion course. (Photo: Seat) If Luca de Meo In Madrid, he is hovering above things: Seat’s capital office is on the 34th floor of the Torre Cristal office tower in the north of the city. On the day of the interview, the rain clouds… Continue reading Seat boss Luca de Meo in the interview: “Seat is the gateway to new customers of the VW Group”
Car manufacturers penalized by rising steel prices
Peter laughing, John crying. If the spectacular rise in steel prices over the last two years (nearly 70%) is pleasing to the giants of the steel industry, it is not doing the car manufacturers’ business. Last year, the rise in material costs (and other external costs) weighed 358 million euros on the results of the… Continue reading Car manufacturers penalized by rising steel prices
This company wants to put “brains” in electric scooters and bikes to keep riders safer
Superpedestrian, a Cambridge, Ma.-based company, has been known until now for its electric Copenhagen wheel, which a user attaches to his or her bikes and operates through an app. It’s essentially a hub that houses a motor, a battery and sensors and is placed in the middle of the rear wheel, measuring how fast and how… Continue reading This company wants to put “brains” in electric scooters and bikes to keep riders safer
Tesla Model 3 registrations zip past rivals in California
(Reuters) – Tesla Inc’s Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes… Continue reading Tesla Model 3 registrations zip past rivals in California
After tariff cuts: Tesla lowers prices in China, BMW pulls probably
All articles and backgrounds 05/23/2018 After tariff cuts Tesla lowers the prices in China, BMW pulls probably REUTERS BMW iX3: German sedans not only from BMW are coveted among the wealthy layer in China. BMW is now considering lowering prices in the world’s largest car market After Announcement of tariff reductions on cars and car… Continue reading After tariff cuts: Tesla lowers prices in China, BMW pulls probably
Lyft invests $100 million in its drivers
Lyft is committing $100 million to better support its drivers. The company is specifically putting this money toward cheaper oil changes, basic car maintenance, serviced car washes and more. Lyft will also almost double its operating hours at its driver hubs in 15 cities throughout the nation. The idea is to help drivers make more… Continue reading Lyft invests $100 million in its drivers
Tata Motors Group FY 18: Revenue Rs.294 KCr (+9%) & PBT Rs.11.2 KCr (+20%) Strong turnaround in the domestic business continues
Download press kit 23 May, 2018 Tata Motors Ltd announced its results for the quarter and year ending Mar 31, 2018 Consolidated Rs. Cr (Ind AS) Q4FY’18 Vs PY FY 18 Vs PY Net Revenue 91,279 18% 294,243 9% PBT 2,308 (55%) 11,155 20% U EBIT (%) 6.6 (90 bps) 4.2 (80 bps) U EBIT… Continue reading Tata Motors Group FY 18: Revenue Rs.294 KCr (+9%) & PBT Rs.11.2 KCr (+20%) Strong turnaround in the domestic business continues
JAGUAR LAND ROVER REPORTS FULL-YEAR RESULTS
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